Any of those patterns may play out Chris45, including the none of the above. I dont think the DT is valid, that would take some seriously bad news on the horizon.
But from a timing perspective, the .382 extension from the May 2nd '11 highs is 300 cd which would make it either Friday 24th, or Monday 27th Feb. (brought to our attention already by ninelives and someone else, FletaP? )It will also be 155 weeks from the mar '09 lows.
There was a major top on Feb 18th last year also, which may be of some interest to Mr.Market.
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Last
8,737.2 |
Change
60.000(0.69%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,677.2 | 8,748.6 | 8,677.2 |
| XJO (ASX) Chart |